We take our corporate responsibilities seriously and we have effective management systems and sound governance practices to make sure that we deliver on our promises.

Outlined below are some of our overriding principles which govern the way we do business.

Our Corporate business principles:

Accountability

Our Executive Committee, chaired by the Chief Executive, is responsible for establishing health, safety, social and environmental policies and standards for the Group, and for ensuring their implementation by each of our business units.

A Group of People in Health, Safety and Environment Committee assists in the task of corporate governance, reviewing operational performance, anticipating potential future issues and advising on strategic options for improvements.

Each of our business units is responsible for implementing KEL health, safety, social and environmental policies and in doing so implements effective systems to identify, assess, monitor and control hazards and minimise risks. One of our primary goals is to ensure that all employees have a positive attitude to safety, health and the environment. We seek to achieve this by delegating responsibilities to the point in the organisation at which they can be implemented most effectively, and by giving employees adequate training. In order to assist the Executive Committee and business unit management in meeting their responsibilities, we have functional health, safety and environmental organisations responsible for a co-ordinated and effective specialist advisory service.

Stake Holder Engagement

Our main stakeholders are our customers and suppliers, investors, shareholders, employees, trade unions, local communities and the general public. We engage with all of our stakeholders in various ways. Some examples are provided later in the report.

Management Systems

We have management systems that cover quality, health, safety and environment. These systems focus on managing our operations effectively and are largely certified in accordance with international quality and environmental management standards.

Business Integrity

All business transactions on behalf of KEL are reflected accurately and honestly in our accounts in accordance with established practices and these are subject to independent audit and review. Furthermore, we condemn corrupt and fraudulent practices and require transparency, integrity and honesty in all aspects of our business.

Risk management

Minimising and managing risks are important components of our management systems. Potential risks are identified through techniques such as auditing, near-miss reporting and risk assessments.

Policy and guidance

For each issue that we have identified as material, we are working to ensure that we have a clear policy and strategy in place and that we understand their relevance to our business & the time. 

Management and Measurement

In the same way that we manage any critical business activity, we set targets for improvement, and then monitor, review and report performance against these targets and other key performance indicators. Development of these indicators has been informed by our values and principles, our commercial, social and environmental objectives, risk identification and assessment, emerging best practice and internal consultation.

Assurance

Effective internal assurance, through internal audit, is an integral part of our approach, helping to improve the effectiveness of our systems, strengthening our controls and ensuring the completeness and accuracy of information that is provided. External assurance is obtained through our financial auditors (Internal, Corporate, External & Government)

Commercial and economic prosperity

We need a strong financial base in order to be able to fulfil our social and environmental responsibilities and to ensure the sustainability and continuity of our business.

An integrated approach

We believe that the integration of environmental, social and economic factors within our business processes adds to the sustainability of our operations. Our aims are to provide products and services which contribute positively to society and to improve quality of life for our employees and the communities in which we operate.

Customers and suppliers

We expect our suppliers and contractors to operate to the same standards as KEL. We avoid doing business with those customers whose business, policies and activities materially contradict those of KEL.

Political activities and contributions

We do not contribute to political parties or funds, nor do we take part in party politics